Re:Ask HN: What is the best jurisdiction for internationally...
by xcambar on Saturday June 04, 2022 @03:56PM
(#31624430)
unfortunately, this is bad maths.
Open the company anywhere the founder(s) is/are. Just pick a reasonable location if you have many options.
The reasons being that you should never run a business without accounting and legal advice, so you will have someone take care of it for you, and the cost will always cover the risk of doing it yourself poorly.
And when you’re successful, you can always hire more legal/accounting or relocate.
I’ll conclude a bit more harshly: If you’re somehow relying on the costs of operations to balance the success of your company, you might as well just reconsider.
Open the company anywhere the founder(s) is/are. Just pick a reasonable location if you have many options.
The reasons being that you should never run a business without accounting and legal advice, so you will have someone take care of it for you, and the cost will always cover the risk of doing it yourself poorly.
And when you’re successful, you can always hire more legal/accounting or relocate.
I’ll conclude a bit more harshly: If you’re somehow relying on the costs of operations to balance the success of your company, you might as well just reconsider.